LongWater closes debut SBIC fund above $262m target

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LongWater closes debut SBIC fund above $262m target

altassets

2 months ago

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LongWater, a private markets investment firm focused on the lower middle market, has completed the final close of its first SBIC fund, surpassing its $262.5m target. The fund drew commitments from a broad range of investors, including publicly traded and privately held banks, family offices, insurance companies, institutional investors and high-net-worth individuals. Roughly 40% of […]
The post LongWater closes debut SBIC fund above $262m target appeared first on AltAssets Private Equity News.

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